Redmile Group (ABSI) reports 5.4% Absci stake as share count rises

Rhea-AI Filing Summary

Absci Corporation’s major shareholder Redmile Group, LLC and Jeremy C. Green have updated their ownership disclosure. They report beneficial ownership of 8,253,316 shares of Absci common stock, representing 5.4% of the outstanding shares, based on 153,021,263 shares outstanding as of March 6, 2026.

The filing explains that their percentage ownership decreased primarily because Absci’s total outstanding common stock increased, rather than from significant share sales. Redmile-managed funds hold the shares directly, while Redmile and Green share voting and investment power and each disclaim beneficial ownership beyond their economic interest.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. 3)

Absci Corporation

(Name of Issuer)

Common Stock, $0.0001 par value per share

(Title of Class of Securities)

00091E109

(CUSIP Number)

Josh Garcia
One Letterman Drive, Bldg D, Ste D3-300
San Francisco, CA, 94129
(415) 489-9980

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

03/24/2026

(Date of Event Which Requires Filing of This Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

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SCHEDULE 13D

CUSIP Number(s): 00091E109

1

Name of reporting person

Redmile Group, LLC

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 8,253,316.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 8,253,316.00

11

Aggregate amount beneficially owned by each reporting person

8,253,316.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

5.4 %

14

Type of Reporting Person (See Instructions)

IA, OO

Comment for Type of Reporting Person:

(1) The source of funds was working capital of certain private investment vehicles managed by Redmile Group, LLC (the "Redmile Funds"). (2) The shares of common stock, $0.0001 par value per share, of the Issuer (the "Common Stock") that may be deemed beneficially owned by the Reporting Person are held directly by the Redmile Funds. Redmile Group, LLC is the investment manager of the Redmile Funds and, in such capacity, exercises voting and investment power over all of the shares held by the Redmile Funds and may be deemed to be the beneficial owner of these shares. Redmile Group, LLC disclaims beneficial ownership of these shares, except to the extent of its pecuniary interest in such shares, if any. (3) Percent of class calculated based on 153,021,263 shares of Common Stock outstanding as of March 6, 2026, as disclosed in the Issuer's annual report for the fiscal year ended December 31, 2025 filed with the SEC on March 24, 2026 (the "Annual Report").

SCHEDULE 13D

CUSIP Number(s): 00091E109

1

Name of reporting person

Jeremy C. Green

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

UNITED KINGDOM

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 8,253,316.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 8,253,316.00

11

Aggregate amount beneficially owned by each reporting person

8,253,316.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

5.4 %

14

Type of Reporting Person (See Instructions)

IN, HC

Comment for Type of Reporting Person:

(1) The source of funds was working capital of the Redmile Funds (2) The shares of Common Stock that may be deemed beneficially owned by the Reporting Person are held directly by the Redmile Funds. Jeremy C. Green serves as the managing member of Redmile Group, LLC and, in such capacity, exercises voting and investment power over all of the shares held by the Redmile Funds and may be deemed to be the beneficial owner of these shares. Mr. Green disclaims beneficial ownership of these shares, except to the extent of his pecuniary interest in such shares, if any. (3) Percent of class calculated based on 153,021,263 shares of Common Stock outstanding as of March 6, 2026 as disclosed in the Annual Report.

SCHEDULE 13D

Item 1.	Security and Issuer
(a)	Title of Class of Securities: Common Stock, $0.0001 par value per share
(b)	Name of Issuer: Absci Corporation
(c)	Address of Issuer's Principal Executive Offices: 18105 SE Mill Plain Blvd, Vancouver, WASHINGTON , 98683.
Item 1 Comment: This amendment No. 3 to Schedule 13D (this "Amendment") amends and supplements the original Schedule 13D filed with the SEC on August 2, 2021, which was previously amended and supplemented by that Amendment No. 1 to Schedule 13D filed with the SEC on March 5, 2024 and Amendment No. 2 to Schedule 13D filed with the SEC on April 29, 2025 (collectively, the "Prior Schedule 13D"), by Redmile Group, LLC and Jeremy C. Green (each, a "Reporting Person"), and previously by Redmile Biopharma Investments II, L.P., relating to the common stock, par value $0.0001 per share (the "Common Stock"), of Absci Corporation, a Delaware corporation (the "Issuer"). This Amendment reports the decrease in the beneficial ownership percentage of the Reporting Persons due primarily to the increase in the Issuer's outstanding Common Stock reported in the Issuer's most recent annual report. Capitalized terms used but not defined in this Amendment No. 3 shall have the meanings set forth in the Prior Schedule 13D. Except as specifically amended by this Amendment No. 3, the Prior Schedule 13D is unchanged.
Item 5.	Interest in Securities of the Issuer
(a)	Item 5(a) of the Prior Schedule 13D is hereby amended and restated in its entirety as follows: The aggregate amount of shares of Common Stock that may be deemed beneficially owned by the Reporting Persons is comprised of 8,253,316 shares of Common Stock held by the Redmile Funds. Redmile is the investment manager to the Redmile Funds and, in such capacity, exercises voting and investment power over all of the shares held by the Redmile Funds and may be deemed to be the beneficial owner of these shares. Jeremy C. Green serves as the managing member of Redmile and also may be deemed to be the beneficial owner of these shares. Redmile and Mr. Green each disclaims beneficial ownership of these shares, except to the extent of its or his pecuniary interest in such shares, if any. For purposes of this Schedule 13D, the percent of class was calculated based on 153,021,263 shares of Common Stock outstanding as of March 6, 2026, as disclosed in the Issuer's annual report for the fiscal year ended December 31, 2025 filed with the SEC on March 24, 2026.
(b)	Item 5(b) of the Prior Schedule 13D is hereby amended and restated in its entirety as follows: Redmile Group, LLC: (1) Sole Voting Power: 0 (2) Shared Voting Power: 8,253,316 (3) Sole Dispositive Power: 0 (4) Shared Dispositive Power: 8,253,316 Jeremy C. Green: (1) Sole Voting Power: 0 (2) Shared Voting Power: 8,253,316 (3) Sole Dispositive Power: 0 (4) Shared Dispositive Power: 8,253,316

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Redmile Group, LLC

Signature:	/s/ Jeremy C. Green
Name/Title:	Managing Member
Date:	03/26/2026

Jeremy C. Green

Signature:	/s/ Jeremy C. Green
Name/Title:	Jeremy C. Green
Date:	03/26/2026

FAQ

What ownership stake in Absci (ABSI) does Redmile Group now report?

Redmile Group and Jeremy C. Green report beneficial ownership of 8,253,316 Absci common shares, equal to 5.4% of the company. The shares are held by Redmile-managed funds, with Redmile and Green sharing voting and investment power over this position.

Why did Redmile Group file Amendment No. 3 for Absci (ABSI)?

Amendment No. 3 was filed to update Redmile’s reported beneficial ownership percentage in Absci. The change reflects a decrease in their ownership percentage, driven primarily by an increase in Absci’s outstanding common stock disclosed in the latest annual report.

How many Absci (ABSI) shares are used to calculate Redmile’s 5.4% ownership?

The 5.4% ownership figure is calculated using 153,021,263 Absci common shares outstanding as of March 6, 2026. This share count comes from Absci’s annual report for the year ended December 31, 2025, filed on March 24, 2026.

Who actually holds the Absci (ABSI) shares associated with Redmile Group?

The Absci shares are held directly by certain private investment vehicles known as the Redmile Funds. Redmile Group, LLC acts as investment manager, and Jeremy C. Green is Redmile’s managing member, giving them voting and investment power over the Redmile Funds’ holdings.

Do Redmile Group and Jeremy C. Green claim full beneficial ownership of Absci (ABSI) shares?

Both Redmile Group and Jeremy C. Green state they may be deemed beneficial owners due to their control over the Redmile Funds. However, each disclaims beneficial ownership of the Absci shares except to the extent of any pecuniary, or economic, interest they hold.

What voting power does Redmile Group report over Absci (ABSI) shares?

Redmile Group reports shared voting power over 8,253,316 Absci common shares and no sole voting power. It similarly reports shared dispositive power over the same number of shares, reflecting its role managing the Redmile Funds’ position in Absci.